Wednesday, August 3, 2016

TechFlash: Wal-Mart could buy Amazon competitor; Tableau, Cray stocks fall

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TechFlash: Seattle's Technology News Source

Wal-Mart may be about to buy Amazon competitor Jet.com

The acquisition would bolster Wal-Mart's efforts to take on Amazon as the Seattle online retailer continues to erode business for brick-and-mortar retailers.

Tableau stock slides after company reports $47.5 million loss

Tableau stock fell Tuesday after the company reported a loss in the second quarter.

Cray stock falls as supercomputer market slows, company reports major smoke damage

Cray miss earnings projections and lowered revenue forecasts after a slowdown in the supercomputing market and smoke damage at a Wisconsin manufacturing facility.

EXCLUSIVE: Valve leases 9 floors at new Lincoln Square office tower

More leases are pending in the 31-story tower, according to the developer who says the building will be fully leased — or close to it — by year's end.

Microsoft co-founder-owned Vulcan buys 'book-end' sites to build tower

To develop its newly acquired Seattle asset to its full potential, Vulcan needs to acquire a small building in the middle of the property.

FAA allows Google to take on Amazon with drone delivery tests

The Federal Aviation Administration on Tuesday cleared Google parent company Alphabet to test delivery drones in designated areas.

National Tech News

Hewlett Packard Enterprise CEO Meg Whitman comes out in support of Clinton

Mountain View startup's actual moon shot OK'd for next year

Intel Capital leads $17.5M funding of multi-cloud startup

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